Bravo Brio Restaurant Group Inc. recently completed a successful initial public offering, becoming the first restaurant company to go public in four years. Along with raising $140 million, the offering also raised the question: Will there be more? The restaurant industry has not accessed the equity market for growth capital since the mid-2000s. Is this the start of a new wave of restaurant IPOs, or is it an anomaly, taking advantage of unique circumstances and excellent market timing? ...
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